Case Study
Case Study : Business Email Compromise (BEC)_ Indian perspective
Let's take a look at a hypothetical case study of a Business Email Compromise (BEC) attack that could happen:
Scenario:
A medium-sized manufacturing company based in Mumbai, India, with a global customer base, receives an urgent email from their trusted supplier in China. The email appears to be from the supplier's legitimate email address and requests a change in payment instructions for an upcoming shipment of raw materials. The email claims that their bank account details have changed due to an internal restructuring, and the payment should be made to the new account provided in the email. The email also emphasizes the urgency of the request, mentioning that any delays may result in shipment delays and impact the company's production schedule.